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Dubai real estate sector recorded $2.4bn of transactions last week amid Eid holidays

Dubai real estate sector recorded $2.4bn of transactions last week amid Eid holidays

The Dubai real estate sector recorded AED8.9bn ($2.4bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED6.14bn ($1.7bn), according to Land Department data.
In total there were 2,199 sales transactions recorded between March 31 and April 4.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
The Land Department also showed mortgage deals worth AED2.4bn ($653.4bn) last week.
Gift transactions in the same period were valued at AED363.8m ($99.4m).

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